Adaptogens Market 2020-2030: Role of Adaptogens in Mental and Physical Wellness

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The global adaptogens market, valued at USD 10.3 billion in 2020, is projected to grow at a compound annual growth rate (CAGR) of 6.8% from 2020 to 2030, reaching an estimated USD 23.4 billion by 2030. Adaptogens help the body resist both physical and mental stress, while enhancing tolerance to fatigue. By influencing the adrenal glands, pituitary gland, and hypothalamus, adaptogens improve mental focus and concentration.

Adaptogens boost mental and physical stamina and enhance resilience toward physical and mental stress. Adaptogens serve as a buffer between stressful situations and the adrenal glands' coping mechanisms. Adaptogens provide health, vitality, energy, and a sense of well-being as a result of their extraordinary qualities.

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CBD (Cannabidiol) is well-known for its ability to relieve pain, enhance mental concentration, and boost digestion. The CBD business is expected to develop rapidly thanks to CBD-infused items, including tinctures, drinks, and even yoga trousers. Adaptogens and nootropics, on the other hand, are expected to present a challenge to CBD-infused goods. Adaptogens are also becoming increasingly popular as a health element. As a result of these factors, the global adaptogens market is expected to grow in the forthcoming years.

Key Findings of Market Report

  • Adaptogens are gaining popularity in a variety of food & beverage and cosmetics items. Regulatory issues, on the other hand, are likely to present problems for firms in the global adaptogens market. The global market is expected to grow at a high CAGR during the forecast period.
  • Adaptogens producing firms are likely to benefit from an increasing public knowledge about innovative therapeutic fungi and herbs that are being widely promoted for preserving endocrinal homeostasis. The global adaptogens market is expected to grow due to the benefits of these medicinal plants. Functional mushrooms, including cordyceps and reishi are becoming increasingly popular in food & beverage products such as lattes and trail mixes. In the meanwhile, producers are boosting availability of ingredients while adaptogen dose amounts are being studied.
  • Usage of adaptogen-based products increases an athlete's immunity and decreases stress during intense physical training and workouts. Adaptogens are a popular element in functional foods due to their beneficial properties. It is also a popular supplement among athletes.

Global Adaptogens Market: Growth Drivers

  • As the development of functional foods and food additives rises, so does the need for adaptogens. As it soothes the brain, adaptogen also acts as a stress reliever. It possesses a variety of anti-inflammatory and antioxidant effects, which is leading to its popularity. One of the main factors likely to drive the global market is the growing popularity of healthy snacks.
  • As per the report, key segments of the market include holy basil, ginseng, turmeric, cordyceps, astragalus, and ashwagandha, among others. Ginseng and ashwagandha is likely to account for 46.4% of the global market, in terms of value, in 2020.

Global Adaptogens Market: Key Players

Some of the key market players are

  • Amax NutraSource, Inc.
  • Xian Yuensun Biological Technology Co. Ltd
  • Changsha Organic Herb Inc.
  • Xi'an Greena Biotech Co. Ltd
  • Nutra Industries Inc.
  • MB-Holding GmbH & Co. KG

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Global Adaptogens Market: Segmentation

Nature

  • Natural/Organic
  • Synthetic

Source

  • Ashwagandha
  • Ginseng
  • Astragalus
  • Cordyceps
  • Turmeric
  • Holy Basil
  • Others

End Use

  • Food & Beverages
  • Pharmaceuticals
  • Nutraceuticals
  • Cosmetics & Personal Care
  • Animal Feed

Sales Channel

  • Direct/B2B
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Health & Wellness Stores
  • Other Retailing Format
  • Online Retailing

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